Launch of cbCEN Token on BASE Network

The $cbCEN token is built on the BASE network. Like the $opCEN token, it aims to fully support liquidity and sustainable burning of the $cbXEN token. The $cbCEN token is designed with many exciting and unique features that incentivize users to hold the token. The $cbCEN token will operate its economy more efficiently than any other pure token on the market.

By cenlabs

10/1/20243 min read

Tokenomics

$cbCEN token is designed sophisticatedly and has many unique features: $cbCEN launched with no presale, ownership surrendered, 100% tokens for the community, and liquidity creation on the DEX. $cbCEN is the currency for everyone forever. And that's exactly what you get with $cbCEN.

We will deposit 40% of the tokens directly into the liquidity pool, 20% into the cbCEN/WETH pool, and 20% into the cbCEN/opXEN pool, ensuring there is always enough liquidity for our favorite $cbCEN traders. We will airdrop 50% of the token supply to our community. The remaining 10% ​​of the supply will be used as future liquidity reserves. To ensure the integrity of the LP, we will burn the liquidity of the LP token.

The 10% liquidity reserve will be important in connecting other projects to increase trading volume for the $cbCEN token. We will not use the token for any other purpose than to support liquidity connectivity for potential tokens. If, after a while, it is no longer useful, this reserve is added to liquidity or burned.

Token Name: cbCEN - Contract: 0x222F10edAb925BDD8D6241D488Ad576fA7dFB12E

Max Supply: 9 999 999 999 999 999

Liquidity Burned: 3 999 999 999 999 999 (40%)

Reserve Liquidity: 1 000 000 000 000 000 (10%)

Community: 5 000 000 000 000 000 (50%)

Liquidity Burned

We are strongly committed to our users and our long-term presence. To do this, we will burn liquidity. Currently, two liquidity pools, cbCEN/WETH and cbCEN/opXEN, account for 40% of the total $cbCEN token supply. These liquidity pools will be burned.

Reserve Liquidity

The liquidity reserve token fund accounts for 10% of the total token supply. This is a crucial liquidity fund. In the future, we will use the $cbCEN token to add liquidity to any token we see has potential. Adding liquidity to other tokens will benefit the $cbCEN and $cbXEN tokens, increasing trading volume and burning more $cbXEN tokens and liquidity for the $cbCEN token.

Wallet to store 10% $cbCEN tokens:

https://basescan.org/address/0x3fa8ad5a05adf34a7cc2161b7a3e6c8fc8115a96

This reserve fund will be burned or used to add liquidity to the $cbCEN token in the future.

Taxes

We designed the $cbCEN token tax to incentivize users to hold and trade it. All $cbCEN token transactions will be subject to a very small tax. All taxes collected will be partly used to burn the $cbXEN token. The remainder will automatically add liquidity to cbCEN and be burned. The $cbCEN token will operate its economy efficiently.

Liquidity tax

When users trade tokens, the 0.5% tax rate automatically enters liquidity and is burned immediately. Burned liquidity causes immediate token deflation and permanently stabilizes the liquidity pool. The more transactions, the more liquidity will be added to the pool.

How to buy?

The $cbCEN token is listed on the Uniswap V2 exchange, with the cbCEN/WETH LP and cbCEN/cbXEN LP liquidity pairs. Users can trade cbCEN tokens by following the link below.

cbXEN burn tax

When users trade tokens, the 0.5% tax rate automatically buys back $cbXEN tokens and burns them immediately. The more transactions, the more $cbXEN tokens will be burned. In the future, when liquidity increases, the transaction volume will increase, and more cbXEN tokens will be burned.

Users can track the number of cbXEN tokens burned here: https://basescan.org/token/0xffcbf84650ce02dafe96926b37a0ac5e34932fa5?a=0x000000000000000000000000000000000000dead

Excluded from FEES by default

The addresses below were automatically excluded to ensure proper token functionality. Including them might result in huge stability problems and errors.

  1. Supply recipient: 0x3fa8aD5a05adf34a7CC2161B7a3E6c8FC8115A96

  2. Token smart contract: 0x222F10edAb925BDD8D6241D488Ad576fA7dFB12E

  3. opXEN Burn wallet tax recipient: 0x000000000000000000000000000000000000dEaD